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Obama Group
In this Group: Saraya, Elizabeth*, Jubilath, Domina, Claudia, Fatuma, Khalifa, Mohamed, Filomena, Juma*, Isaya, Zaituni, Frank, Hosea, Samira
* not pictured
Saraya Nasoro, age 42, is married with three children aged 25, 20 and 14. She has owned and operated a bar and guesthouse since 1984. She works from 6 am to midnight and she is able to earn a monthly profit of about $200.

This will be Saraya’s 5th loan from Tujijenge Tanzania. She used the previous loan to make improvements to her guesthouse, including putting televisions in each of the 10 rooms. She also used the loan to purchase supplies for her bar. She has successfully paid back the loans. She hopes for a new loan to expand her business to sell water and beer wholesale. Saraya dreams of building a new guesthouse.

Saraya will share this loan with her loan group Obama, which totals 15 members. The members of the group hold each other accountable in paying back the loan.

In the picture, Saraya is in a black dress 1st on the left.

Additional Information

About Tujijenge Tanzania

This loan is administered by Tujijenge Tanzania, which was founded in 2006. It has operations in Dar es Salaam, the coastal region, and the Lake Victoria region. The organization aims to reach out to micro entrepreneurs and provide them with financial and social intermediation services because capital is one of the major barriers to development and success for micro-enterprise initiatives in Tanzania.

For more information on Tujijenge Tanzania, please visit its partner page, or join its lending team.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Tanzania

  • $1,700
    Average annual income
  • 18
    View loans »
    Tanzania Loans Fundraising
  • $14,470,525
    Funds lent in using Kiva
  • 1,525.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Obama Group's $4,350 loan helped a member to expand her business to sell water and beer wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Aug 5, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010